Marvell nears a deal to buy Nvidia-backed Lumentum, Bloomberg reports

The Next Web ·
Business Mergers & Acquisitions United States
Tech

Chipmaker Marvell Technology is in advanced talks to buy Lumentum, which makes the lasers that move data between AI chips. Marvell would likely pay in shares, and the companies could announce a deal as soon as next week, according to Bloomberg. Ryan Gould, Michelle F. Davis and David Carnevali reported the talks for Bloomberg on […] This story continues at The Next Web

Read original article on The Next Web →

Related news